Fixed Deposit Agra
Last Updated : Aug. 24, 2017, 11:56 a.m.
About Agra
Agra is situated on the river banks of Yamuna. It is one of the most populous cities in India. It is referred to as administrative district and has its headquarters in Agra city. Here, 40% of the economy is driven by agricultural activities and rest is earned from the leather & footwear business and iron foundries. Due to the presence of the Taj Mahal and other historic monuments, the city attracts heavy footfalls all over the year. The royal crafts like Pietra Dura, marble inlay and carpets of Agra are very famous. Many industries are present in and around the city.
About Fixed Deposit
A Fixed deposit account is a type of account in which the holder has to deposit the amount once for a predetermined period of time. This time period could range from 7 days to a decade. The bank pays interest as per the prevailing rates on these deposits. The returns on every time period is different and is calculated as a percentile of the deposited amount. This percentage is called the fixed deposit interest rate. The rates remain same throughout the time period of the deposit plan. Hence, the depositor receives the benefit of fixed and regular income on opening fixed deposit account.
Fixed Deposit Agra in a nutshell
| Particulars | Details |
|---|---|
| Interest Rate | 3.00% - 9.25% |
| Minimum Investment Amount | ₹ 1,000 |
| Tenure | 7 days – 10 years |
Fixed Deposit Eligibility Criteria
Following are the entities which are eligible for availing fixed deposit schemes:
Individuals
Hindu Undivided Families (HUFs)
Minor represented by parents/guardian
Associations
Clubs
Trusts
Sole proprietorship firms
Partnership firms
Limited Companies
Documents Required For The Fixed Deposit
| Category | Documents |
|---|---|
| An Individual, Hindu Undivided Family, Sole Proprietorship Concern | ID Proof – Passport, PAN Card, Driving Licence, Voter ID, Government ID Card, Senior Citizen ID Card Address Proof - Telephone Bill, Electricity Bill, ID Card Issued by Post Office, Bank Statement with Cheque, A photograph |
| Trusts | Copy of the Trust Deed Copy of the registration certificate Copy of the Resolution of the Trustees authorizing the members concerned to open and operate the account Photographs of the members operating the account |
| Associations/Clubs | By-laws of the Association Copy of the Resolution by the board authorizing the members concerned to open and operate the account Photographs of the members operating the account |
| Partnership Firm | Partnership Deed Letter from partners approving the persons concerned to open and operate the account Photographs of the persons operating the account |
| Public or Private Limited Companies | Board Resolution / Authority Letter Memorandum & Articles of Association Certificate of Incorporation Certificate of Commencement of Business (Public Limited Company) Form 32 in case list of directors are not original subscribers to Memorandum & Articles of Association (in case of Private Limited Cos) Duly acknowledged by ROC Governing Act / Rules and Regulations(PSUs) (certified true copy) |
Top Banks Fixed Deposit Interest Rate and Address
| Banks Name | Main Branch Address | Rate of Interest |
|---|---|---|
| State Bank Of India | Rakabganj Road, Chhipitola, Rakabganj, Agra, Uttar Pradesh | 2.90% - 6.20% |
| HDFC Bank | 4180/2 & 4182/1, M.G Rd 2, Near Kothi Meena Bazaar, Andar Nagar Palika, Kothi Meena Bazaar, New Shahganj, Agra, Uttar Pradesh 282010 | 2.50% - 6.25% |
| ICICI Bank | Sanjay Place, No. 6,8- 13, Ground Floor, Shanta Tower, Agra, Uttar Pradesh 282002 | 2.50% - 6.30% |
| Axis Bank | Shop No. A/G5,6,7,8 &AB 5,7,15. Block No. 41/4A Sanjay Place, Agra | 2.50% - 6.50% |
| Punjab National Bank | 4 & 5, Taj Rd, Opp. Nand Plaza, Sadar Bazar, Shahzadi Mandi, Idgah Colony, Agra, Uttar Pradesh 282001 | 2.90% - 5.75% |
| Bank of India | Agra, 8/168, Jeoni Mandi BE, Post Bag No.2, Agra, 282004, Uttar Pradesh | 2.85% - 5.55% |
| Bank of Baroda | Agra Branch,13,mahatma Gandhi Road, Agra,282001 | 2.90% - 6.30% |
| Central Bank Of India | 37/2/4, 1st Floor, Wazirpura Road, Sanjay Palace, Sanjay Place, Civil Lines, Agra, Uttar Pradesh 282002 | 2.75% - 5.50% |
| Canara Bank | Gwalior Road, Near Madhu Nagar Chauraha, Agra Cantt, Defence Estate, Agra, Uttar Pradesh 282001 | 2.90% - 5.75% |
| IDBI Bank | Plot No. 30/80-B, Upper GF, Mughal Apartment, Fatehabad Road, Tajganj, Agra, Uttar Pradesh 282001 | 2.90% - 5.90% |